Meta COO Sells $2.4 Million Stake in Continuous Transactions Under 10b5-1 Plan

According to an April 13 filing, Meta’s Chief Operating Officer Javier Oliván sold 3,844 shares of Meta Class A common stock on the open market at prices ranging from $626 to $635 per share, disposing of roughly $2.4 million (about 3.2 billion Korean won). He reduced his direct holdings from 12,822 shares to 10,557 shares, and also sold several hundred additional shares held in various family entities and trusts.

Earlier, on March 23, Oliván sold 1,555 shares on the open market at approximately $605 per share, realizing about $940,000 (around 1.3 billion won). Both transactions were executed under a 10b5-1 trading plan adopted on November 17, 2025.

Despite these sales, Oliván’s total direct and indirect stake still amounts to about $70.4 million (roughly 950 billion won).

Separately, on April 8 Meta unveiled its ultra-large AI model “Muse Spark,” integrating it into the Meta AI assistant and announcing expanded AI partnerships. Driven by AI enthusiasm, Meta’s share price briefly jumped more than 8%, highlighting AI infrastructure and services as a major investment theme.

Meta Platforms, Inc., the U.S. tech giant behind Facebook, Instagram and WhatsApp, is refocusing its business strategy from the metaverse to AI infrastructure and data centers, forecasting annual capital expenditures of $115 billion to $135 billion (approximately 150 trillion to 180 trillion won). A Spanish national, Javier Oliván has served as Meta’s COO since 2022 and is regarded as a key executive who has led the company’s global growth strategy since the early Facebook days.